What is limiting your efficiency?

It seems between compliance requirements, size of advice documents and the general administration practices need to keep up with, no one is feeling at the top of their game. I would love to hear what...

advice production

compliance

practice management

deborah.kent

Advisely Board

2 years ago

dela.dzadey I think a lot of Advisers what to achieve more efficiency in the practices how they service clients, cut down time to service. What I find is that technology is always going to be the solution however Advisers I speak to just don't understand what's out there, how to use it, does it in fact work? You can spend a lot of time trying to solve the problems and honestly, I think Advisers just don't have the time. We have been in this situation and "(it's all too hard") box it takes focus something which I did last year, and we are now starting to get.

These forums are great for sharing ideas and help Advisers see that there is more out there and especially what really works

dela.dzadey
Advisely Board
2 years ago
Thanks Deb, I agree completely. Its almost a catch 22 where we say advisers dont have time but they need more time to find these solutions. There are definitely efficiencies that others have found in processes and technology, it just needs to be shared.
jenny.brown
Advisely Board
2 years ago
Agree deborah.kent we have got to a stage where right now we are ripping up our SoA template and having it reworked by jessica.lamb as we have been doing too much manual changes to have a document we are proud to provide to a client.
However the time we spent to get to this point has been considerable and now the cost to have it re-built and training on it.
However we believe at the end of the day by spending this time we will have many efficiencies that will save time on each client and free us up to work on other clients.
What we know is we don't know it all, and we need to reach out to others, get ideas and then pay for the implementation to streamline our systems.
Advisely is a great place to start with collecting the ideas and then reach out to the specialists to help action those ideas.

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